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$489,900
46 Picazo, Rancho Santa Margarita, CA 92688
MacLean Realty Group
2Beds
1Baths
618Sq Ft
1Parking
1988Built
1Days Listed
1Lot Sq Ft
About This Property
Welcome Home to Your Happy Place! Imagine stepping into a bright, beautifully renovated single-story condo where every detail feels warm, fresh, and thoughtfully cared for. This charming downstairs end-unit is more than just a home its where memories are made and life feels easier and brighter. With low HOA dues of only $399 and an FHA-approved complex, this home opens the door to so many beautiful possibilities. Completely renovated in 2019 this home has been lovingly updated even more recently for ultimate comfort: New refrigerator, wide-plank Dusk Cherry flooring (extreme scratch-resistant), and fresh paint in 2026. New A/C, heater, washer, and dryer in 2025 Youll love the modern kitchen and updated bathroom that make everyday living feel like a pleasure. Best of all, there are no stairs to climb, and your assigned parking spot (#28) is right next to the unit making coming home something you truly look forward to. Live the Rancho Santa Margarita Dream. Just steps away, enjoy three community spas and a pool. A gentle half-mile walk (under 10 minutes) brings you to the sparkling RSM Lake, charming shops, cozy cafs, restaurants, and an even shorter walk to playgrounds, basketball court, tennis court, and park. Cielo Vista Elementary and RSM Middle School are literally across the street perfect for growing families. This is a neighborhood where kids ride bikes, neighbors wave hello, and you feel a true sense of belonging. As part of the coveted SAMLARC community, youll have access to an incredible resort-style lifestyle: 4 pools (2 heated year round), a Beach Club & Lagoo
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Condo
- Bedrooms
- 2
- Bathrooms
- 1
- Building Area
- 618 Sqft
- Living Area
- 618 sqft
- Year Built
- 1988
- Stories
- 1.0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 2
- Original Price
- $489,900
Location & Neighborhood
What's nearby 46 Picazo, Rancho Santa Margarita, CA 92688
Nearby Schools
- Cielo Vista Elementary School0.2 mi
elementary
- Country Village Pre-School0.2 mi
elementary
- 0.2 mi
Parks & Recreation
- Cielo Vista Park0.2 mi
park
- Monte Vista0.2 mi
park
- 0.4 mi
Transit Access
- Santa Margarita-Alma Aldea0.1 mi
Bus Stop
- 0.2 mi
- Santa Margarita-Buena Suerte0.3 mi
Bus Stop
- OCTA0.5 mi
Bus Stop
- Santa Margarita-Antonio0.5 mi
Bus Stop
Local Amenities
Coffee & Cafes
- KD's Donuts0.4 mi
- Ding Tea0.4 mi
Dining
- The Blind Pig0.4 mi
- Carmelita's0.4 mi
Grocery
- Ralphs0.5 mi
- Trader Joe's0.5 mi
POI data updated 5/27/2026
Rancho Santa Margarita Market Snapshot
93
Active Listings
$799K
Median Price
50
Avg Days on Market
Last updated: May 26, 2026
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Listed by
Robert MacLean, MacLean Realty Group · 714-423-1587
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$489,900